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by marfusios 1990 days ago
That's gonna be the killer app, low-cost global payments, finally we can accept international payments from non-crypto customers without ridiculous SWIFT or PayPal fees... https://jimmymow.medium.com/announcing-strike-global-2392b90...
2 comments

Most global payments are transactions, not cash transfers, and the transacting parties have banking relationships that make those transfers low cost and strictly superior to Bitcoin.
As a freelancer based in EU working on some US projects, I'm forced to pay 5.5% fee to PayPal or some fix fee to the banks (SWIFT payment). Plus conversion fee from USD to EUR (or my local currency).

That's too high for just a simple thing as receiving money from different country. Really looking forward for that Strike Global.

> I'm forced to pay 5.5% fee [..] > Plus conversion fee from USD to EUR [...] > a simple thing as receiving money from different country

Moving money between currencies has never been easier, or cheaper. I would humbly suggest you're doing it wrong.

TransferWise?
Use Revolut
kraken significantly increased their transaction fees so there goes that dream